I don't want to say I told you so.
But it happens. For all that want to leverage HBD, look at luna.
The chain will 100% break after this run.
We can be happy hive is slow otherwise hive would be dead in bear market.
Now we can learn from luna.
Bitcoin to stabilize the algo coin? Laughable!!!
Luna dies, Hive surrives. Very good!
Fuck the price, the chain will stay. If we would have Billions of HBD it would be a suicide mission.
@smooth now we should look very closely what happens to TerraUSD, I think this is billion-dollar know-how.
I also think with that + additional mechanics HBD can become really stable, even on scale.
But not with the magic luna scam trick. Print and pump.
Side note, I would bet if whales start panicking ( if Kwon can stabilize with bitcoin or whatever) Trust will go away with the potential to rug bitcoin to 10k. And I don't even know what it would trigger at some important price areas.
To everyone, be careful. It's not only crypto, all markets start to fuck.